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From DNAPrint.com: |
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LATEST PRESS RELEASE: |
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January 31, 2006
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SARASOTA, FL --
(MARKET WIRE)
-- 01/31/2006 -- DNAPrint Genomics, Inc. (OTC BB: DNAG) today
announced the expansion of the Company's high-throughput genotyping
capacity from 1.3 million to more than 3.9 million genotypes per day.
"Multiplexing and advanced automation protocols provide the flexibility to
process large or small genotyping studies without compromising cost per
genotype," stated DNAPrint Genomics President and Chief Executive Officer
Richard Gabriel. "Increasing high-volume throughput advances our ability to
determine genotypes at economical costs to our customers and business
partners. Coupled with our population ancestry technology, we can achieve
better research results at a business-smart price."
The increase in processing capacity particularly targets the
pharmaceuticals and healthcare market. It enables the Company to process
clinical trials samples to ensure that patient population groups are
accurately categorized, and perform large scale genotyping work for the
various industries interested.
DNAPrint Genomics Founder and Chief Scientific Officer Tony N. Frudakis,
Ph.D., noted that the Company has key advantages over other laboratories
offering genotyping services. "We are unique in our expertise in
population structure analysis using our Ancestry Informative Markers
(AIM)," said Dr. Frudakis. "We can demonstrate to our customers that
failure to understand the ancestral or biological structure of their study
population can significantly confound and even compromise genetic studies.
We offer a unique approach to maximizing the probability of success in
pharmacogenetic, predisposition, risk profiling and susceptibility studies
that many companies are pursuing alongside drug and diagnostics
development."
DNAPrint has genotyping facilities at its Sarasota headquarters and at
laboratories in Richmond, Calif., and Toronto, Canada, which utilize
sophisticated equipment manufactured by Beckman Coulter and Illumina, Inc.
The U.S. laboratories are genotyping with the ultra sensitive and robust
GenomeLab SNPstream from Beckman Coulter while the Toronto lab is equipped
with the Illumina bead machine and is also offering HAP MAP SNP genotyping
services.
"Results from the GenomeLab SNPstream from Beckman Coulter are 99+%
reproducible, providing the kind of validation that we believe the U.S.
Food and Drug Administration (FDA) is seeking for its clinical trials
data," Dr. Frudakis noted.
About DNAPrint Genomics, Inc.
DNAPrint Genomics, Inc. (www.dnaprint.com) is a developer of genomics-based
products and services in two primary markets: biomedical and forensics.
DNAPrint Pharmaceuticals, Inc., a wholly owned subsidiary, develops
diagnostic tests and theranostic products (drug/test combinations) using
the Company's proprietary ancestry-informed genetic marker studies combined
with proprietary computational modeling technology. Computational Biology
and Pharmacogenomics services are also offered externally to
biopharmaceutical companies. The Company's first theranostic product is
PT-401, a "Super EPO" (erythropoietin) dimer protein drug for treatment of
anemia in renal dialysis patients (end stage renal disease). Pre-clinical
and clinical development of all the Company's drug candidates will benefit
from simulated pre-trials to better design actual trials and are targeted
to patients with a genetic profile indicating their propensity to have the
best clinical response. DNAPrint is proud of its continued dedication to
developing and supplying new technological advances in law enforcement and
consumer ancestry heritage interests. Please refer to www.dnaprint.com for
information on law enforcement and consumer applications which include
DNAWITNESS™, RETINOME™, ANCESTRYbyDNA™ and EURO-DNA™. Recently
announced and as a part of the Company's Trace Genetics acquisition,
DNAWitness-Y and DNAWitness-Mito are two new tests that can be used as an
identification tool when other DNA testing either fails to yield results or
the sample might be too deteriorated.
Forward-Looking Statements
All statements in this press release that are not historical are
forward-looking statements. Such statements are subject to risks and
uncertainties that could cause actual results to differ materially from
those projected, including, but not limited to, uncertainties relating to
technologies, product development, manufacturing, market acceptance, cost
and pricing of DNAPrint's products, dependence on collaborations and
partners, regulatory approvals, competition, intellectual property of
others, and patent protection and litigation. DNAPrint Genomics, Inc.
expressly disclaims any obligation or undertaking, except as may be
required by applicable law or regulation, to release publicly any updates
or revisions to any
forward-looking statements contained herein to reflect any change in
DNAPrint's expectations with regard thereto or any change in events,
conditions, or circumstances on which any such statements are based.
Company Contact: Richard Gabriel CEO and President 941 366-3400 -or- Ron Stabiner The Wall Street Group, Inc. 212-888-4848SOURCE: DNAPrint Genomics, Inc. |
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